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Swiss Market Ends On Buoyant Note On Widespread Buying
The Switzerland stock market closed on a buoyant note on Tuesday, in line with markets across the globe, as fears about aggressive policy tightening by central banks faded a bit after weaker than expected U.S. manufacturing activity data.
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European Stocks Close On Upbeat Note On All-round Buying
European markets closed on an upbeat note on Tuesday as stocks kept surging higher and higher after opening on a firm note, amid rising hopes the Fed and other major central banks will be less aggressive with regard to rate hikes in the coming months.
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Canadian Stocks Rising Sharply On Positive Global Cues
The Canadian market is high up in positive territory a little past noon on Tuesday, extending gains from the previous session, amid hopes the Fed will slow down its monetary tightening after data showed a slower pace of growth in the country's manufacturing activity in September.
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Ford September Total U.S. Sales Down 8.9%
Ford Motor Co. (F) said Tuesday that total U.S. sales for the month of September 2022 decreased 8.9 percent to 142,644 vehicles from 156,614 vehicles in the same month last year. Ford's September retail sales were also down 11.7 percent.
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Vinco Ventures Names Ross Miller As CEO And Gabe Hunterton As President
Vinco Ventures, Inc. (BBIG), a digital media and content technologies holding company, announced Tuesday that a settlement agreement was reached on September 28, 2022, in the Company's litigation in the State of Nevada.
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American Electric Power Boosts FY22 Adj. EPS Outlook
Ahead of its analysts meeting in New York City later on Tuesday, electric utility American Electric Power Co., Inc. (AEP) raised its fiscal 2022 operating earnings guidance to a range of $4.97 to $5.07 from the prior forecast range of $4.87 to $5.07 per share.
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Bay Street Looks Headed For Another Positive Start
Canadian shares are set to open on a firm note on Tuesday, extending gains from the previous session, as markets in Asia closed higher, and most of the markets across Europe are up sharply amid hopes global central banks will pause rate hikes during the later part of the year.
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KalVista Pharma Terminates KVD824 Phase 2 KOMPLETE Trial For Prophylactic Treatment Of HAE
KalVista Pharmaceuticals, Inc. (KALV) announced Monday that it has terminated the KOMPLETE phase 2 clinical trial for KVD824 for the prevention of attacks in people with hereditary angioedema (HAE).
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Ginkgo Bioworks Acquires Biotechnology Company Circularis For Undisclosed Terms
Ginkgo Bioworks (DNA), the leading horizontal platform for cell programming, announced Tuesday the tuck-in acquisition of Circularis, a biotechnology company with a proprietary circular RNA and promoter screening platform.
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Dollar Drops As Treasury Yields Fall
The U.S. dollar fell against its major counterparts in the European session on Tuesday, as data showing a slowdown in U.S. manufacturing activity tempered expectations for aggressive monetary tightening by the Federal Reserve.
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Sensex Soars 1,276 Points Amid Global Rally; Nifty Nears 17,300
Indian shares posted strong gains on Tuesday on the back of improved global sentiment, as the dollar extended its slide and bond yields declined in response to weak U.S. data released overnight.
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European Shares Extend Gains As Treasury Yields Fall
European shares rose sharply on Tuesday to extend gains from the previous session as weak U.S. manufacturing and construction data released overnight raised hopes for slower Federal Reserve tightening.
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FTSE 100 Gains As Kwarteng Brings Forward Debt Plan
U.K. shares rose sharply on Tuesday, building on gains from the previous session after the government made a dramatic U-turn on one of the tax cuts that contributed to extreme bond market turmoil last week.
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